China Glass Outlook Changed To Negative; Ratings Affirmed

The negative outlook reflects the uncertainties with regard to how quickly China Glass can recover its upfront relocation expenditure, the magnitude of the uncompensated revenue loss due to production disruptions and re-ramping of the relocated production lines, and potential delay in the plant relocation, Moody's said.



The ratings are underpinned by the company's leading position in glass manufacturing in China,a diversified product range, and an experienced management team, the rating agency said.